For Sale · Nanaimo · Vacant Land

$625,000

LOT 5 Lazy Susan Dr, Nanaimo

Beds

Baths

About This Home

The details.

Unique opportunity to build your dream home on a 2.49 acre estate sized lot surrounded with gorgeous mountain views on a no through road. Let your imagination guide you on this unique property with walkout potential and RS2 zoning that currently allows for two dwellings, truly this is a rare opportunity. The property already has a well drilled and power to the lot and is ready for you to turn your plans into reality in a setting that needs to be seen to fully appreciate the true potential. Located only minutes from all amenities that Nanaimo has to offer including the Nanaimo Airport and BC ferries with the benefit of living in the country side community of Cedar and all that it has to offer. GST is applicable. (id:66635)

Summarizing the highlights...

MLS® 1042445Listing courtesy of Royal LePage Nanaimo Realty (NanIsHwyN)View on map Street view

Property Details

Facts & features.

Property type: Vacant Land
Ownership: Freehold
Lot size: 2.49 acres
Parking: 2 spaces
Listed on: 2026-07-07
Days on market: 8
MLS number: 1042445
Data source: Vancouver Island Real Estate Board

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$2,923

$500,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$2,923

Cash flow

-$2,923

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Nanaimo right now

231

Active listings

232

New this week

$749,900

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Nanaimo.

Household and demographic stats for Nanaimo, from the Statistics Canada 2021 Census.

99,863
Population (2021): 45.2
Median age: 43,165
Households: 2.3
Avg household size: 66.7%
Home ownership: $75,500
Median household income

Nanaimo market trends

Source: Statistics Canada 2021 Census, Nanaimo, City, British Columbia.

Schools

Nearby schools.

K-12 schools closest to this home, with straight-line distances.

Cedar Elementary
public · elementary
540 m
Cedar Community Secondary
public · secondary
1.8 km

Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.